New Jersey Car Insurance Rates

Average auto insurance rates in New Jersey for 2018 are $1,330 a year for full coverage insurance. Comprehensive insurance, collision insurance, and liability coverage cost approximately $296, $540, and $344, respectively. Newark, East Orange, and West New York have more expensive rates, and the three largest writers in New Jersey are Geico, NJM Insurance, and Allstate.

Average rate for full coverage: $1,330

Price estimates by type of coverage:

Comprehensive $296
Collision $540
Liability $344

40-year-old driver, full coverage with $500 deductibles, and good driving record

Price Range for Car Insurance in New Jersey

For a driver around age 40, prices range from as cheap as $406 for the bare minimum liability coverage to the much higher price of $2,874 for a high-risk insurance policy.

Liability Only $406
Full Coverage $1,330
High Risk $2,874

These differences illustrate why everyone should compare rates quotes using their specific location and their own personal driving habits, rather than using generic averages.

Use the form below to get accurate rates for your location.

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New Jersey car insurance rate comparison chart
Column chart showing New Jersey car insurance prices range from $764 to $4,896 for full coverage

The chart estimates New Jersey car insurance prices for various situations. The cheapest price with discounts is $764. Drivers who choose higher $1,000 deductibles will pay about $1,140. The average price for a middle-aged driver with a clean driving record using $500 deductibles is $1,330. Selecting more expensive $100 deductibles for physical damage coverage will cost more, up to $1,700. High risk drivers could be charged as much as $2,874. The rate for full coverage for a teenager can climb as high as $4,896.

Insurance prices in New Jersey can also vary considerably based on the type of vehicle you drive, your risk profile, and physical damage deductibles and liability limits.

Your choice of vehicle is a large factor when calculating the price of auto insurance in New Jersey. Choosing to drive a lower-cost and safe vehicle will save money on insurance primarily due to lower cost for replacement parts and less likelihood of injuries in accidents. The next table shows auto insurance estimates for the top vehicles in New Jersey.

New Jersey Auto Insurance Rates for Popular Vehicles
Make and ModelPremium% to Avg
Chevrolet Silverado$1,4045.3%
Dodge Ram$1,4447.9%
Ford Escape$1,108-20%
Ford Focus$1,286-3.4%
Ford Fusion$1,4125.8%
Ford F-150$1,250-6.4%
GMC Acadia$1,224-8.7%
GMC Sierra$1,3823.8%
Honda Accord$1,242-7.1%
Honda Civic$1,4548.5%
Honda CR-V$1,080-23.1%
Honda Pilot$1,264-5.2%
Hyundai Sonata$1,3501.5%
Kia Optima$1,3763.3%
Nissan Altima$1,3682.8%
Nissan Rogue$1,3380.6%
Toyota Camry$1,3561.9%
Toyota Corolla$1,326-0.3%
Toyota Prius$1,236-7.6%
Toyota RAV4$1,254-6.1%
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Annual estimated premium for full coverage, $500 deductibles, driver age 40 with clean driving record.
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Your choice of car insurance company definitely affects the cost of coverage. In each state, every insurer sets their own rates, and prices have large differences based upon different risk factors.

In New Jersey, auto insurance prices range from $1,089 with 21st Century to as high as $3,948 with Hanover. Other companies like Travelers, New Jersey Manufacturers, and Penn National are neither the lowest or highest. That is probably not the exact rates you would pay, as your vehicle make and model, your driving record, and your location in New Jersey all factor in.

New Jersey Auto Insurance Companies by Market Share and Average Rate
RankCompanyMarket ShareAverage Rate
1Geico18.65%$2,218
2NJM Insurance12.79%$1,284
3Allstate12.53%$1,508
4Progressive10.24%$1,900
5State Farm8.62%$2,204
6Palisades Group7.99%$1,368
7Liberty Mutual7.21%$2,949
8USAA3.72%$1,569
9Travelers3.31%$1,168
10Farmers Insurance3.19%N/A
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Source: National Association of Insurance Commissioners (NAIC) 2015 Market Share Report and The Zebra

A more mature driver with no violations or accidents and high physical damage deductibles may only pay around $1,200 every 12 months on average for full coverage. Prices are highest for teen drivers, where even without any violations or accidents they should be prepared to pay in the ballpark of $4,800 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you are probably paying anywhere from $1,600 to $2,100 additional per year, depending on your age. Insurance for high-risk drivers is expensive and can cost around 43% to 134% more than average. View High Risk Driver Rates

Choosing high deductibles can reduce prices by up to $560 a year, whereas buying more liability protection will push prices upward. Switching from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $309 more each year. View Rates by Deductible or Liability Limit

Where you live in New Jersey also has a big influence on auto insurance rates. Areas with less crime and congestion could see prices as low as $1,000 a year, whereas some neighorhoods in Newark and East Orange could have rates closer to $2,000. Even areas within a few miles of each other in the same city can have significantly different rates.

These geographic rate differences emphasize why it is so important to get rates based on where you live in New Jersey.

View Chart as Image

New Jersey insurance rates by city

With so much variability in prices, the only way to figure out which car insurance is cheapest is to regularly compare prices and see how they stack up. Every auto insurance company uses a different rate calculation, and rates can be significantly different between companies.

New Jersey Auto Insurance Articles

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Rates by Driver Age

New Jersey Insurance Rates by Driver Age
Driver AgePremium
16$4,896
20$3,070
30$1,394
40$1,330
50$1,214
60$1,192

Full coverage, $500 deductibles

Rates by Deductible

New Jersey Car Insurance Rates with Different Deductibles
DeductiblePremium
$100$1,700
$250$1,528
$500$1,330
$1,000$1,140

Full coverage, driver age 40

Rates by Liability Limit

New Jersey Car Insurance Rates with Different Liability Limits
Liability LimitPremium
30/60$1,330
50/100$1,399
100/300$1,485
250/500$1,708
100 CSL$1,433
300 CSL$1,622
500 CSL$1,760

Full coverage, driver age 40

Rates for High Risk Drivers

New Jersey Car Insurance Rates for High Risk Drivers
AgePremium
16$6,990
20$4,876
30$2,942
40$2,874
50$2,740
60$2,712

Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident

If a financial responsibility filing is required, the additional charge below may also apply.

SR-22 Surcharge $184

Potential Rate Discounts

If you qualify for discounts, you may save the amounts shown below.

DiscountSavings
Multi-policy$71
Multi-vehicle$68
Homeowner$19
5-yr Accident Free$100
5-yr Claim Free$86
Paid in Full/EFT$62
Advance Quote$66
Online Quote$94
Total Discounts$566
Rate after discounts $764

Discounts are estimated and may not be available from every company or in every state.

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